Fix Your Credit Score

Written by Jessica Duquette
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To fix your credit score without leaving your home is very easy to do and something that can greatly improve your financial standing. We all know a big part of the American dream is owning a home, but that can be difficult if you have put yourself in a poor credit situation. Even making minor corrections or closing a smaller account can have a dramatic effect on a credit score.

Inaccurate Reports

Despite the fact that credit reports are so relied on, they can often contain mistakes, omissions or other errors that affect a score. If you review your credit report and notice that you have a credit account listed twice, missing payment information or maybe even an account that you thought was closed you can fix your credit score. The credit reporting agencies rely on credit companies to supply them with accurate information; they do not make alterations to the data, that is entirely up to you.

So how do you go about fixing the errors on a credit report? The process is actually rather simple; just contact the financial institution you have your account with and ask for the problem to be corrected. You will not see immediate results on your credit report so it is important that you continue to receive updated reports and look for the corrections.

Fix Your Credit Score Fast

If you are serious about repairing your credit and improving your score the last thing you want to do is procrastinate. Putting off making corrections to a report will only lengthen the time you have to wait for your score to improve. Notifying your credit company or another agency of a mistake does not take a lot of effort and will help you on the road to financial freedom. When you are familiar with the consequences of having poor credit you will see that waiting for an error to clear or payments to catch up makes no sense.

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